PEPE is a meme cryptocurrency that has received significant attention from the crypto investing community. Here's some recent news about PEPE:
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Let's return to the hottest news that may affect the price of the PEPE token in the near future!
1. Update July 17, 2024: According to the Snapshot governance page, the GMX community voted on the proposal to include the PEPE, SHIB and WIF markets in v2. The risk committee and administrators will be able to provide synthetic and collateralized markets for the mentioned assets on GMX v2.
2. News July 16, 2024: The $53 billion meme-cryptocurrency sector is up more than 12%, driving prices of meme-cryptocurrencies, including PEPE and WIF, up 22% and 25%, respectively.
3. News on July 16, 2024: PEPE price has increased by 20.13% in the last 24 hours due to increased user interaction and buying pressure. This growth is supported by indicators such as divergence of price and dominant agent activity (DAA) and trading volume. The Relative Strength Index (RSI) also indicates a bullish trend for PEPE, with a possible target of $0.000012 or even $0.000014.
4. News July 16, 2024: Venture capital firm Nascent has made significant investments in meme cryptocurrencies, including PEPE. They exchanged their shares of MakerDAO ( $MKR ) on PEPE and Lido ( $LDO ). Nascent contributed $3.41 million in MKR to Binance and purchased $1.57 million in PEPE and $503,000 in LDO. Nascent now has $7.49 million in PEPE. This demonstrates Nascent's confidence in the growth potential of meme tokens. PEPE and other meme cryptocurrencies continue to lead the market and reach all-time highs.
5. News from July 16, 2024: The price of Bitcoin briefly reached $65,000, and then fell by more than $2,000 after news of Mt. Gox. At the same time, several meme cryptocurrencies, including PEPE, WIF and FLOKI, are up by double-digit percentages over the past 24 hours.
This news indicates that PEPE is attracting significant investor attention and is experiencing growth both within the overall cryptocurrency market and on its own. However, as always, you should be aware of the risks of investing in meme cryptocurrencies and do your own research before making decisions.
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